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Why Venture Global Rocketed Higher Today


Shares of LNG export company Venture Global (NYSE: VG) rallied 18.7% on Tuesday, as of 12:56 p.m. ET.

Venture Global went public earlier this year, with high ambitions to build out multiple LNG export facilities on the U.S. Gulf Coast.

Today, with recent federal export permits in hand, the company announced full mobilization of site work for its third LNG export facility, Calcasieu Pass 2 (CP2).

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Source Fool.com

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